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A prepaid card is a way of making purchases without having to borrow from a credit card company or a bank by means of an overdraft. The prepaid card works in a similar fashion to a top up mobile phone. More...
What you can spend is determined exactly by how much money you have deposited onto the account. A prepaid card not only allows you to make purchases but can also be used to withdraw cash.
Funds can be transferred onto your prepaid card via your current or savings accounts. The most convenient way to put funds on your card, however, is online or by telephone. Another option would be to load up your card in person at a high street bank.
As you would expect with a credit card, online customer service provides access to all account information.
